Marcus & Millichap RE Invest
Listed by Marcus & Millichap RE Invest
$2,950,000
5941 Kingman Avenue
Details
APN 27710215
Property Type Multifamily
Sub Type Apartment Building
Units 8
Cap Rate 4.28%
Buildings 2
Stories 2
Acreage 0.430
Zoning Assessor
Multifamily | 4.28% CAP | 8 Units
Marketing description
5941 Kingman Avenue is an 8-unit multifamily investment property ideally situated in Buena Park, California. Constructed in 1966, the 8,721-square-foot property offers a compelling unit mix of six two-bedroom units and two three-bedroom units, each averaging more than 1,000 square feet. This desirable configuration caters to families and long-term renters, providing spacious floor plans rarely found in assets of this size. Residents enjoy a range of on-site amenities including covered and surface parking, two laundry facilities, and a landscaped central courtyard that enhances livability and community appeal. The propertys combination of larger unit layouts and attractive amenities creates strong tenant demand and long-term income stability. 5941 Kingman Avenue also benefits from a prime Buena Park location near key employment centers, shopping destinations, and entertainment. Tenants have convenient access to Knotts Berry Farm, Buena Park Downtown Mall, The Source OC, Cypress College, and numerous neighborhood schools, along with excellent connectivity via the nearby Interstate 5 and State Route 91 freeways. This accessibility makes the property attractive to a wide renter base commuting throughout Orange and Los Angeles Counties. Offering a blend of large floorplans, stable tenant demand, and strategic location, 5941 Kingman Avenue represents a rare opportunity for investors to acquire a quality multifamily asset in one of North Orange Countys established rental markets.
Listing Contacts
Marcus & Millichap RE Invest
Listed by Marcus & Millichap RE Invest
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